claydoctor
Short

IWM new channel perspective, option #2

AMEX:IWM   ISHARES RUSSELL 2000 ETF
54 1 3
And looking yet again for a new perspective, tightening up this channel produces this. Watching the activity the next few days may prove this channel to be more true than the first wider one. However, with the spike in volatility , the wider channel may prevail. We will see.
How did you draw this channel. I see one point has come from 2014-07-01 top point and can't figure out how and where you have connected other points to draw this channel? Is it a pitch fork or Fib channel? Would love to learn.
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